The swiftness with which the coronavirus pandemic wiped out the U.S. economy in early 2020 was breathtaking.
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States Whose Economies Are Failing vs. States Whose Economies Are Thriving
The swiftness with which the coronavirus pandemic wiped out the U.S. economy in early 2020 was breathtaking. Seemingly overnight, the U.S. unemployment rate shot up to an all-time record of 14.7% in April 2020. Both the overall rate of 14.7% and the 10.3% jump from the prior month were the highest on record since the Bureau of Labor Statistics began keeping statistics in January 1948.
Nearly one in five Americans live in the Western states, according to Statista.
People are constantly moving for various reasons.
The American Midwest spans 12 states between the Appalachian Mountains in the East and the Rocky Mountain states in the West.
With inflation at a four-decade high, fast-rising interest rates and very volatile markets, many Americans are being forced to retire.
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